Monday
October 27
2025

Press Release: IFAD Pledges to Transform the Lives of at Least 70 Million Small-Scale Food Producers, as Part of the World Bank’s AgriConnect Initiative

By Caroline Chaumont

The International Fund for Agricultural Development (IFAD) pledged to reach at least 70 million small-scale farmers and significantly transform their lives by increasing their incomes, productive capacity and market access by 2030 as part of the World Bank’s AgriConnect initiative today. The pledge was made by Alvaro Lario, IFAD President, at the launch of this initiative at the Bank’s Annual Meetings in Washington.

Photo courtesy of Ferdinand Edralin/ UNDP.

Source: IFAD (link opens in a new window)

Categories
Agriculture, Investing
Tags
development finance, employment, food security, poverty alleviation, smallholder farmers